Feb 14, 2013 4:00am PST
's cover story, president obama hits the road. the plans he has in motion for changes in the manufacturing industry. why travelers are on board with the hottest new way to see the world by boat. plus, film studios are overflowing with attempts to attract lovebirds this valentines day. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, feburary 14th. i'm angela miles. in today's first look: up or down? stocks and commodities traded with mininal gains and losses yesterday. investors are holding back as they wonder whether a large sell-off or big rally lies ahead. cisco sees the light. the company topped its earnings targets after the close. cisco ceo john chambers notes that 2013 is off to a slow start but sees early signs of improvement in europe. and democrats are working on a new bill that could replace the $85 billion in automatic spending cuts that take effect march 1st if there is no deal. time now for a look at what traders have to say about the day. joe cusik joins us for that. he is from opt
Feb 13, 2013 11:30pm PST
far right. he's not and paul, that would be really strange. obama, despite how people want to portray him is not exactly far out on the left either. >> zuckerberg hosted a town hall meeting at facebook headquarters for president obama. randy runs a newsletter called dot complicated. which will be the title of one of her books. harper collins, says the second book will be a children's story. >>> the long time head of the hanna boy's center has resigned after an allegation of sexual misconduct from back in the early '70s, surfaced. father john crews has led the center since 1983. recently, an allegation by a single person, who is now dead. since the 1940s, the hanna's center has served trouble boys. people at hanna's have expressed their shock and support for father crews. >>> a huge stockpile of guns and marijuana on the property of a suspected drug dealer. deputies say the weapons were hidden in a cave. the search turned up more than 100 weapons. at least 20 of those guns were loaded. deputies also said they found 117 pounds of marijuana, heroin, and methamphetamine at floyd's house.
Feb 13, 2013 7:00pm PST
airlines. >>> republican leadership today rallied against president obama's call to raise the minimum wage to $9 an hour. house speaker john boehner says an increase in minimum wage will translate to a decrease in jobs. the white house estimates boosting the minimum wage would help 15 million low-nfk workers. the last federal minimum wage increase was signed into law in 2007. it raise it had minimum wage from 5.15 to 7.25 in a three-sthech process that ended in 2009. >>> on wall street today stocks finished mixed. nasdaq gained ten. >>> today sis ko reported earnings that were slightly better than wall streetest mats. the san jose-based maker of compute and her networking gear said its adjusted earnings for $2.7 billion compared to 2.6 billion for the same quarter one year ago. >>> our exclusive ktvu field poll turned up some intregs findings on taxing sugary drinks. 53% of voters say they oppose a generic tax on sugary befrmgs but support jumped to 68% if voters are told the money would go towards school new trigs and fitness program. however voters in richmond defeated such a tax last no
Feb 14, 2013 11:30pm PST
. >>> president obama is criticizing senate republicans who are blocking the nomination of chuck hagel. the president made the announcement on google. gop senators are blocking hagel's confirmation vote from moving forward. the filibuster vote is unprecedented. but senate republicans say they plan to go forward with an up or down vote after they come back from a 10 daybreak. since the democrats have the majority, hagel should be confirmed. >>> the board voted late last night to chose crest view elementary school. many feel it'll be a great disappointment for kids who lost their homes to a fire. the plan is to close crest moor elementary at the end of this school year. >>> we're with police as they crack down on cab drivers. the dangers riders face and may not even know it. >>> up [ female announcer ] safeway presents real big deals of the week. or how to keep from driving all over for the best deals. you don't need to run around. safeway gives you real big club card deals each week. right now, tide is $5.49 for 50 ounces. that's under 20 cents a load! skip the warehouse. charmin is $8.